UK Outlet Locations 2019 – 2024

2019-10-31
Price :
Published : Oct-2019
No. of Pages : 82

UK Outlet Locations 2019 – 2024

Summary

The UK Outlet Locations 2019-2024 report forms part of GlobalData’s Retail Channel series, and offers a comprehensive insight into UK outlet locations, the main trends and hot issues, the market, key players, and consumer attitudes and shopping behaviour.

The outlets market is predicted to rise by 18.5% over the next five years to reach £4.1bn in 2024, outperforming other offline locations due to the presence of popular premium and luxury brands at lower prices.

Scope

– Clothing & footwear dominates the outlets market and is predicted to make up 65.0% of the market in 2019, only forecast to fall slightly out to 2024 due to it being such a well established sector in the location.
– In all recent and planned outlet developments, leisure is becoming a much bigger focus than it previously has been as consumer expectations surrounding the availability of these facilities in shopping locations has risen.
– Oulet owners must work to increase how often consumers visit the location, as 23.3% of outlet visitors are shopping less at the location compared to last year.

Reasons to buy

– Use our in-depth market insight to understand why outlet locations will outperform offline growth in the next five years, to help you decide which store locations to prioritise.
– Identify the key players in outlet locations using our market shares, retailer profiles and in-depth analysis of consumer shopping habits.
– Understand the key drivers and inhibitors affecting outlet locations to maximise sales potential.

Filed in: Consumer Goods, Retail
Publisher : GlobalData
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